Bapcor Ltd · ASX:BAP

Bapcor — Shareholder Meeting (February 2016)

14 slides from Bapcor's shareholder meeting presentation, Feb 11, 2016

  1. Slide 1: 2015 Annual General Meeting Chief Executive Officer's Presentation

    2015 Annual General Meeting Chief Executive Officer’s Presentation BURSON 2015 AGM PRESENTATION Australia’s Leading Provider of Aftermarket Parts, Accessories and Services.

  2. Slide 2: Disclaimer

    Disclaimer The material in this presentation has been prepared by Burson Group Limited (“Burson”) ABN 80 153 199 912 and is general background information about Burson’s activities current at the date of this presentation. The information is given in summary form and does not purport to be complete.

  3. Slide 3: Presentation Contents

    Presentation Contents 1 FY2015 Highlights 2 Introduction to ANA 3 FY2016 1st Quarter Update 4 Strategy and Outlook 5 Integration and Optimisation of Aftermarket Network Australia 3 Australia’s Leading Provider of Aftermarket Parts, Accessories and Services. BURSON 2015 AGM PRESENTATION

  4. Slide 4: Operational & Strategic Highlights FY2015

    Operational & Strategic Highlights FY2015   Burson now operating in all states and territories in Australia with continued store expansion during FY2015 of 14 stores to 130. Current store total 133.  3 new stores in Western Australia  6 new stores in Queensland  4 new stores in New South Wales

  5. Slide 5: Proforma Financial Highlights in FY2015

    Proforma Financial Highlights in FY2015 Comparison to FY2014 Proforma Results • Same store sales growth of 4.6% • Revenue $375 million – up 9.9% • Gross margin % 43.7% - up 0.7 • EBITDA margin 11.1% – up 0.6 • NPAT $23.1 million – up 19.1% • Earnings per share – up 19.1% • Underlying net debt

  6. Slide 6: Summary of Key Performance Indicators

    Summary of Key Performance Indicators Store Numbers Revenue and “Same Store” growth Store expansion continues – ahead of FY2015 prospectus forecast of 124 Store expansion together with strong like for like sales growth driving stores revenue growth 130 116 341.6 375.3 284.3 306.3 4.6% 105 3.9% 100 2

  7. Slide 7: Introduction to ANA

    Introduction to ANA • Burson Group acquired Metcash Automotive Holdings (since renamed Aftermarket Network Australia or ANA) for $283M effective 1 August 2015. • The acquisition is approximately 20% EPS accretive on a full year proforma basis* • ANA is a wholesaler and distributor of automotive part

  8. Slide 8: Automotive Aftermarket Supply Chain

    Automotive Aftermarket Supply Chain The acquisition of ANA was strategically compelling and aligned with Burson Group’s growth strategy – complementary to trade business with minimal overlap and provides additional avenues for growth Parts and “Trade” Parts Parts Manufacturer Parts Wholesaler Compon

  9. Slide 9: Burson Group including ANA

    Burson Group including ANA  The Brands of the Group now comprise; TRADE RETAIL SERVICE WHOLESALE 8 Australia’s Leading Provider of Aftermarket Parts, Accessories and Services. BURSON 2015 AGM PRESENTATION

  10. Slide 10: FY16 – 1st Quarter

    FY16 – 1st Quarter • Completed the acquisition of ANA on 31st July 2015. • Transition is proceeding smoothly • ANA is operating largely stand-alone until optimisation review completed • Delivering expected results • Added three stores in Burson Trade, including opening first store in ACT. • Sales up

  11. Slide 11: Integration & Optimisation Process

    Integration & Optimisation Process • Integration Process underway: • Currently largely as a stand alone businesses • Achieve synergies where appropriate. • Strategy reaffirmed for each segment within the business. • 15 Optimisation Plan Projects being established. Areas include Procurement, freight,

  12. Slide 12: Burson Group Strategy

    Burson Group Strategy Australia’s leading provider of aftermarket parts, equipment, accessories and services.  Continue to strengthen our Trade presence in a resilient market.  National store network and customer service offering of extensive parts range and availability, delivery speed, and knowl

  13. Slide 13: Outlook

    Outlook Burson Auto (excluding ANA)  Full year NPAT outlook for Burson excluding the ANA business is to grow NPAT by low double digit percentage  Target approximately 140 stores by 30 June 2016 (currently at 133 stores)  Expect same store sales growth of between 3% and 4% with reasonably steady m

  14. Slide 14: Thank You

    Thank You 14 Australia’s Leading Provider of Aftermarket Parts, Accessories and Services. BURSON 2015 AGM PRESENTATION

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